Break a leg: Rising sports participation will further boost industry performance

The Sports Medicine Practitioners industry has grown significantly over the past five years. This is the result of increased participation in sporting activities, as the risk of injuries increases with greater participation in sports. The industry has also benefited from the implementation of healthcare reform, supporting industry services. Over the next five years, increased promotion and government support for sports participation, as well as rising concerns over high obesity rates, will bolster participation in sporting activities and will subsequently increase demand for the industry...purchase to read more.

Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 12-17
3.2%
Forecast Growth 17-22
Profit
Employment
119,206
Businesses
96,182
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Concerns over high obesity rates will bolster participation in sporting activities, increasing industry demand
  • Healthcare reform has boosted industry revenue over the past five years
  • Sports camps are expected to gain popularity among children and parents
  • Industry Report - Industry Key Buyers Chapter

    The Sports Medicine Practitioners industry is highly fragmented, with no individual practice accounting for more than 1.0% of industry revenue. Sports medicine services are not highly differentiable, nor can they be mass-produced or distributed; this, in turn, creates minimal benefits to growing in size. Relatively low barriers to entry also encourage new competitors to join the industry, which places downward pressure on pricing and prevents any one company from dominating the market.Nevertheless, the industry has consolidated over the past five years, albeit marginally. Sur...purchase to read more.

    Additional Insights for the Sports Medicine Practitioners Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sports Medicine Practitioners Industry are

  • Proximity to key markets
  • Must comply with government regulations
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Participation in sports and Number of people with private health insurance in the Sports Medicine Practitioners industry impact industry performance..

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    What's in this report

    Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Participation in sports
  • Number of people with private health insurance
  • Regulation
  • Technological change
  • Per capita disposable income

  • Current Performance
  • Rising participation in sports
  • Health insurance boost
  • The upside-down scenario
  • Profit-boosting methods
  • Chart: Revenue Growth

  • Industry Outlook
  • Participation trends
  • Opportunities and challenges
  • Technology catalyzing growth
  • Table: Sports Medicine Practitioners Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sports Medicine Practitioners Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Primary Care Doctors
  • Specialist Doctors
  • Hospitals
  • Colleges & Universities
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Diagnostic & Medical Laboratories
  • Generic Pharmaceutical Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Medical Supplies Wholesaling

  • Products & Services
  • Diagnosis and treatment services
  • Rehabilitation and postrehabilitation services
  • Other services
  • Chart: Sports Medicine Practitioners Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable income
  • Participation in sports
  • Technological advancements
  • Health insurance

  • Major Markets
  • High schools, colleges and universities
  • Professional athletes
  • Individuals
  • Chart: Major Market Segmentation for the Sports Medicine Practitioners Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Sports Medicine Practitioners

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sports Medicine Practitioners Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Sports Medicine Practitioners Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sports Medicine Practitioners Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Participation in sports (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Musculoskeletal
  • Of, relating to, or involving both musculature and skeleton.
  • Orthopaedic
  • Related to a branch of medicine concerned with the correction or prevention of deformities, disorders, or injuries of the skeleton and associated structures (such as tendons and ligaments).
  • P.R.P
  • Platelet-rich plasma, which is a portion of the patient's own blood with above baseline concentration of plasma, used in healing injured tendons, ligaments, muscles and joints.
  • Weekend Warrior
  • An individual who squeezes in their physical activity into only one to two days a week, typically on the weekend, while remaining inactive during the rest of the week.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Sports Medicine Practitioners is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sports Medicine Practitioners:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sports Medicine Practitioners market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sports Medicine Practitioners, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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